KULR reports Q4 net loss $44.3M; full-year revenue up 51% but bitcoin loss weighs

KULR Technology Group, Inc.

2026-Q1 EPS reported -$0.61 revenue$4,846,430

Q4 revenue $2.86M (-15% YoY); full-year revenue $16.17M (+51% YoY).
Q4 net loss $44.3M ($0.97/sh) vs $4.6M ($0.16) a year ago, includes $28.3M bitcoin mark-to-market loss.
Full-year net loss $61.9M ($1.56/sh) from $17.5M ($0.75) in 2024.
Q4 operating loss $15.4M; SG&A up 77% and R&D up 184% YoY.
Cash $13.3M at Dec 31, 2025; Bitcoin holdings $94.0M vs $20.3M a year ago.

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